The Palace At Bal Harbour Demographics

Bal Harbour, FL 33154

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ListingsMarket TrendsDemographics
Demographics

Age

49.9 ±8.6

Median age

about 20 percent higher than the figure in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area: 42.3 ±0.2
about 20 percent higher than the figure in Florida: 42.8 ±0.2
Housing

Units & Occupancy

3,629 ±303

Number of housing units

less than 10 percent of the figure in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area: Infinity 2,698,630 (±Infinity /±1,416)
less than 10 percent of the figure in Florida: Infinity 10,451,823 (±Infinity /±503)

Value

$1,277,200 ±$759,391

Median value of owner-occupied housing units

more than double the amount in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area: $474,000 ±$4,282
more than double the amount in Florida: $381,000 ±$1,579

Geographical mobility

11.4% ±11.6% (343 ±347)

Moved since previous year

about 90 percent of the rate in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area: 13% 796,773 (±0.9% /±55,618)
about 80 percent of the rate in Florida: 13.6% 3,054,132 (±0.5% /±105,913)
Families

Households

3,021 ±17

Persons per household

less than 10 percent of the figure in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area: Infinity 6,091,714 (±Infinity /±3,423)
less than 10 percent of the figure in Florida: Infinity 22,130,724

Fertility

0.5% ±0.8% (3 ±5)

Women 15-50 who gave birth during past year

about 10 percent of the rate in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area: 4.9% 68,339 (±0.4% /±5,425)
about 10 percent of the rate in Florida: 5.1% 250,538 (±0.2% /±9,935)
Economics

Income

Poverty

18%

Persons below poverty line

about 1.4 times the rate in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area: 12.8% 779,844 (±0.5% /±28,795)
about 1.5 times the rate in Florida: 12.3% 2,729,519 (±0.3% /±62,129)

Transportation to work

N/A

Mean travel time to work

Social

Educational attainment

100%

High school grad or higher

about the same as the rate in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area: 97.7% 3,930,950 (±3.4% /±135,776)
a little higher than the rate in Florida: 97.4% 14,820,362 (±1.8% /±270,016)

67.7%

Bachelor's degree or higher

more than 1.5 times the rate in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area: 41.9% 1,686,028 (±1.5% /±60,544)
nearly double the rate in Florida: 37.7% 5,733,894 (±0.7% /±111,620)

Language

N/A

Persons with language other than English spoken at home

Place of birth

43.9% ±9.9% (1,327 ±299)

Foreign-born population

a little higher than the rate in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area: 42.7% 2,639,783 (±0.4% /±25,358)
about double the rate in Florida: 22.1% 4,996,874 (±0.2% /±46,951)

Veteran status

2.1% ±2.1% (51 ±51)

Population with veteran status

about two-thirds of the rate in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area: 3.3% 162,922 (±0.1% /±6,985)
about one-quarter of the rate in Florida: 7.3% 1,327,057 (±0.1% /±21,583)

51 Total veterans

42 Male

9 Female

Disclaimer: The demographic information presented on this site has been provided by the Census Reporter Team. We extend our gratitude for their exceptional contributions and efforts.

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Broker reciprocity logoLocal Realty Service Provided By: Hyperlocal Advisor. Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS & Beaches MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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